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Caseload Is Increased by Resequencing Cases Before and on the Day of Surgery at Ambulatory Surgery Centers Where Initial Patient Recovery Is in Operating Rooms and Cleanup Times Are Longer Than Typical
Study Objective
The coronavirus disease 2019 (COVID-19) pandemic impacts operating room management in regions with high prevalence (e.g., >1.0% of asymptomatic patients testing positive). Cases with aerosol-producing procedures are…
Dealing with a Liquidity Crisis: Economic and Financial Policies in China During the Coronavirus Outbreak
The coronavirus outbreak that began last December sharply curtailed economic activities across China. In response to this sudden, nationwide, and potentially devastating liquidity shock, many coordinated economic and financial policies were…
Do Firms Strategically Internalize Disclosure Spillovers? Evidence from Cash‐Financed M&As
We investigate whether managers internalize the spillover effects of their disclosure on the stock price of related firms and strategically alter their disclosure decisions when doing so is beneficial. Using data on firm‐initiated disclosures…
Does Medicine Run in the Family — Evidence from Three Generations of Physicians in Sweden: Retrospective Observational Study
Objective
To examine occupational heritability in medicine and changes in heritability over time, with Swedish population wide administrative data that allowed mapping family trees of physicians spanning up to three generations.…
Effects of Attention and Recognition on Engagement, Content Creation and Sharing: Experimental Evidence from an Image Sharing Social Network
In this study, we examine the impacts of attention and recognition received by a user’s content on a social network on that user’s subsequent engagement on the network, content creation and content sharing. The study of the impact of attention…
A Few Bad Apples Spoil the Barrel: An Anti-Folk Theorem for Anonymous Repeated Games with Incomplete Information
We study anonymous repeated games where players may be “commitment types” who always take the same action. We establish a stark anti-folk theorem: if the distribution of the number of commitment types satisfies a smoothness condition and…
Generic Drug Repurposing for Public Health and National Security: COVID-19 and Beyond
The novel disease caused by the SARS-CoV-2 virus (COVID-19) has been a shock to both our health and wealth, with more than 276,000 dead in the U.S. and economic disruption that some have estimated as high as more than $16 trillion. These…
Inside the Black Box of Organizational Life: The Gendered Language of Performance Assessment
Organizations implement formalized procedures to eliminate the biasing effects of gender and other characteristics on evaluations. Prior work shows managers play a key role, but researchers have been unable to observe the thought processes…
Managing Market Thickness in Online Business-to-Business Markets
We explore marketplace design in the context of a business-to-business platform specializing in liquidation auctions. Even when the platform’s aggregate levels of supply and demand remain fixed, we establish that the platform…
Potential Outcome and Directed Acyclic Graph Approaches to Causality: Relevance for Empirical Practice in Economics
In this essay I discuss potential outcome and graphical approaches to causality, and their relevance for empirical work in economics. I review some of the work on directed acyclic graphs, including the recent The Book of Why (Pearl and…
Regulation of Charlatans in High-Skill Professions
We study a market for a skill that is in short supply and high demand, where the presence of charlatans (professionals who sell a service that they do not deliver on) is an equilibrium outcome. We use this model to evaluate the belief that…
A Sustainable Way Forward for Wind Power: Assessing Turbines’ Environmental Impacts Using a Holistic GIS Analysis
Wind power development is an increasingly vital source of renewable electricity that significantly contributes globally to reduced greenhouse gas emissions and the combatting of climate change. The environmental impacts of wind turbines have…
The Confidence Gap Predicts the Gender Pay Gap Among STEM Graduates
Women make less than men in some science, technology, engineering, and math (STEM) fields. While explanations for this gender pay gap vary, they have tended to focus on differences that arise for women and men after they have worked for a period…
What Really Undermines Public Acceptance of Wind Turbines? A Choice Experiment Analysis in Israel
As of 2020, there are only 27 MW of installed wind capacity in Israel. Yet, the country’s northern region is expected to soon become the site of numerous additional wind farms. The externalities associated with wind turbines frequently arouse…
Why is Intermediating Houses so Difficult? Evidence from iBuyers
We study the frictions in dealer-intermediation in residential real estate through the lens of “iBuyers,” technology entrants, who purchase and sell residential real estate through online platforms. iBuyers supply liquidity to households by…
Not Just for Investors: The Role of Earnings Announcements in Guiding Job Seekers
This paper examines whether, when, and why job seekers use firms’ financial information in the job search process. We find first evidence of financial information’s relevance to job seekers by documenting a substantial increase in job search…
Complexity and the Reform Process
Decision makers called to evaluate and approve a reform, proposed by an interest group, a politician, or a bureaucracy, suffer from a double asymmetric information problem: about the competence of the proposer and the consequences of the proposal…
Board Diversity and Shareholder Voting
The lack of board diversity is one of the most controversial topics in corporate board governance. We investigate one important influence on diversity by studying whether shareholders value diversity on corporate boards in director elections.…
Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences (3rd Edition)
The Definitive Guide to High-Performance Corporate Governance
Fully updated for the latest research, trends, and regulations, Corporate Governance Matters, Third Edition, offers comprehensive and objective information for everyone seeking…
Choice Screen Auctions
Choice screen auctions have been recently deployed in 31 European countries, allowing consumers to choose their preferred search engine on Google’s Android platform instead of automatically defaulting them to Google’s own search engine. I show…